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startups

Food Delivery Startup Munchery Shuts Down

By
Tom Dotan
· · Source: TechCrunch

This was a long time coming. Highly funded food delivery company Munchery informed its customers that it was going to be shutting down. The news comes a few months after it laid off 30% of its workforce and stopped operating in any cities beyond San Francisco. Munchery had raised a total of $125 million. Its demise is a black mark for all the involved backers, but especially Sherpa Capital and...

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